Crypto Market Update

BTC is still standing in place, as we discussed, a long from 105-106 to 111k is possible, and then from 111-112-113k, a short down to 100k.

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🧠 is at the lower support boundary a close below 3.56 will send it lower you can short from the block

$BTC is following our plan and now it's only a question of how far it will go: To the breakdown at 95k? Or to the 104 level?

The market is trying to find a fair price corridor after a 90% drop; all alts are stuck in a sideways trend.

The safest option remains a short on BTC at $115000-112000 with a target of $100,000.

Bitcoin is exiting its trend, and I think they will dump it downward on Monday.

The decline in the US market has only just begun, and it's too early to talk about a reversal. Bitcoin could well reach the $95,000 level

🧠 Total 3 is the foundation for my decision-making.

There can be two scenarios here:

1. A correction to 900 points followed by growth
2. A sideways movement for 2-3 weeks followed by growth

The lower range needs to be traded through

🧠 Right now we've broken out of a wedge pattern and exited on high volume!

The same thing happened in 2021, and after that, the price always updated the lows. Target for BTC is the 95000-88000 range!

For alts, I don't expect the bottom to be updated; more likely, they will retrace 50% of the lower wick and then see strong growth afterwards!

It's important to understand that the market has simply wiped out everyone - 19 billion in liquidations is the largest in market history!

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